Partners hire consultant to analyze new potential funding structures for managing the levee system

June 2017Partners hire consultant to analyze new potential funding structures for managing the levee system

As a part of their governance research, the project partners decide to hire FCS Group, local economists and utility experts, to conduct an analysis of potential revenue structures under various governance scenarios.

As a part of this work, the partners establish a set of values that will be used to evaluate the revenue alternatives. These include that the revenue scenarios should be:

adequate to meet recertification and future capital and operational needs;

equitable in the distribution of costs based on services or benefits received;

fair relative to existing bills for landowners in the managed floodplain;

Levee Ready Columbia is a partnership of over 20 organizations committed to a collaborative approach to floodplain management and modernizing the 27-mile levee system along the Columbia River in urban Multnomah County. We will make the most of opportunities to reduce the risk of flooding for an area critical to the region’s future while working to improve the environment and recreational value of the managed floodplain.